A group of engineers wants to start a new software company. They plan to
combine their expertise to create a huge company that will eventually employ
hundreds of workers. They will need to raise a lot of money to start and plan
to do so by selling shares in their new business. They realize that their plan is
risky, so they also want to limit their personal liability in case events don't go
as planned
Which business organization would best meet their needs?
A. Firm
ОО
B. Sole proprietorship
O C. Corporation
O D. Partnership

Engineers are the professional who have the complete knowledge of their respective fields, theoretically and technically too. They do planning of the projects and their execution.

Given, a group of engineers wants to start a new software company. They plan to combine their expertise to create a huge company that will eventually employ hundreds of workers. They will need to raise a lot of money to start and plan to do so by selling shares in their new business. They realize that their plan is risky, so they also want to limit their personal liability in case events don't go as planned.

This business organization will fulfil their needs. The type of organization useful will be the corporate one.

Thus, the correct option is C.

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